Ghana has decided to maintain its cocoa farmgate price for the 2025/26 mid-crop season, aiming to support farmers and protect the country’s cocoa sector amid falling global market prices.
The Ghana Cocoa Board (Cocobod) announced that cocoa producers will continue receiving 41,392 cedis, equivalent to about $3,728 per tonne, when the mid-crop season begins on June 18. The price remains the same as the revised rate introduced earlier in the 2025/26 season.
The decision follows a sharp decline in international cocoa prices, which have fallen significantly since August 2025. Ghana previously reduced its producer price to respond to weaker global markets and challenges affecting cocoa traders, including reduced margins and slower purchasing activity.
By keeping the price unchanged, authorities aim to provide stability for cocoa farmers while maintaining Ghana’s competitiveness in the international cocoa market. The policy is intended to encourage production, strengthen farmer confidence, and support the recovery of the cocoa supply chain.
Ghana’s cocoa producer price remains higher than that of neighbouring Côte d’Ivoire, another major cocoa producer. The difference could help reduce incentives for cross-border cocoa smuggling and support local production growth.
Despite market pressures, Ghana expects cocoa output to improve during the 2025/26 season. Cocobod estimates that production could reach 650,000 tonnes, representing growth compared with the previous season.
The government’s approach reflects an effort to balance farmer income protection with the realities of global commodity markets while maintaining Ghana’s position as a leading cocoa producer.
